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Business / World Business

Gold prices rose 0.4 percent yesterday

Published: 24 Mar 2023 - 10:42 am | Last Updated: 24 Mar 2023 - 10:43 am

QNA

Brussels: Gold prices extended gained yesterday after the Federal Reserve signaled a potential end to its monetary tightening cycle could be on the horizon.
Spot gold was up 0.4 yesterday at $1,976.80 per ounce, as of 0910 GMT. US gold futures gained 1.5 yesterday to $1,979.20.
The dollar fell 0.2 yesterday, making gold more attractive for overseas buyers.
Meanwhile, silver fell in the spot market 0.8 yesterday to $22.85 per ounce, while platinum rose 1.1 yesterday to $988.23, and palladium rose 0.9 yesterday to $1464.01.